Volkswagen demand slumps

, April 29, 2013

Emblems of VW Golf VII car are pictured in a production line at the plant of German carmaker Volkswagen in Wolfsburg. First-quarter profit at Volkswagen's core brand almost halved, Europe's biggest carmaker said on Monday, as manufacturers battle the region's protracted slump in demand with ever deeper discounts. - Reuters/Fabian Bimmer